Crewe is the largest town in Cheshire East and major growth is expected over the next few years, putting it firmly on the map as a buy to let property hotspot. It is home to 5,000 businesses, including the Bentley factory which has a steady flow of young professionals – many of whom are looking for rentable property.
The town certainly has far more long-term potential for investors than its wealthier neighbours – Sandbach and Nantwich, where prices are already at a premium. Here are just some of the reasons why we believe landlords have even more reasons to invest in property in Crewe.
Crewe has some of the most affordable properties in the area. According to Zoopla, the average price for property in Crewe is £202,737, making it incredibly attractive to residents and investors alike. Check out these properties on the market with us that are ideal for investors:
Two bedroom terrace house, West Street, Crewe – £73,000
Three bedroom town house, Salisbury Close, Crewe – £150,000
Two bedroom apartment, Foxhulme Court, Sydney – £109,950
Unbeatable rail links
Crewe is considered the centre of the train universe, serving as a gateway to much of the North West and offering fast trains to London in just 1 hour 30 minutes, making the town highly sought after by young professionals.
With HS2 coming to Crewe in 2027 and the recent government backing for up to seven HS2 trains per hour from Crewe, commuters will be able to get to London in just 55 minutes – and with faster links to Manchester too. Whilst 2027 may seem a long way, now is the time to invest in property whilst it remains affordable.
Regeneration for Crewe town centre
The regeneration of Crewe’s Royal Arcade is expected to start this summer and complete by 2020. Residents can look forward to an 800-seat cinema complex, a 16-lane bowling alley, gym, restaurants and shops. This redevelopment is likely to trigger wider regeneration and attract more tenants to the area.
If you are looking for buy-to-let property in Crewe, contact our Crewe office for further information.